TELA Bio (TELA) - Net Assets

Net assets on the balance sheet as of September 2024 : -C$9.03 Million

According to TELA Bio's latest financial reports the company has -C$9.03 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TELA Bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$19.41 M	-24.22%
2021-12-31	$C$25.61 M	-59.03%
2020-12-31	$C$62.51 M	54.59%
2019-12-31	$C$40.43 M	-121.53%
2018-12-31	$-C$0.19 Billion	38.09%
2017-12-31	$-C$0.14 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	C$0.62 B	-7,031.78%	🇺🇸 USA
Merit Medical MMSI	C$1.90 B	-21,200.29%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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TELA Bio (TELA) - Net assets

Net assets on the balance sheet as of September 2024 : -C$9.03 Million